NFO Alert: Mirae Asset Mutual Fund Launches BSE 500 Dividend Leaders 50 ETF

Mirae Asset Mutual Fund has opened the New Fund Offer (NFO) for the BSE 500 Dividend Leaders 50 ETF from December 2 to December 10, 2025. It is an open-ended exchange-traded fund listed under the “Others” category.  

The minimum investment is ₹5,000, with no incremental amount specified. NAV will be calculated daily, and the risk level is marked Very High. 

Fund Objective 

The scheme’s objective is to track the BSE 500 Dividend Leaders 50 Total Return Index, which includes 50 companies selected from the BSE 500 universe based on dividend-related criteria.  

The fund aims to generate returns similar to the index before expenses, subject to tracking error. There is no guarantee of returns. 

Index Focus and Selection Method 

The underlying index identifies companies with a record of dividend payouts. Although the classification sheet lists the product under “Global Funds - Foreign Equity”, the index is fully Indian.  

The selection process is rule-based, relying on public financial data rather than active judgement. 

Management and Operations 

Ekta Gala will manage the ETF. After the NFO period ends, the scheme is expected to list on stock exchanges, allowing investors to buy and sell units during market hours.  

As with most ETFs, there is no exit load, and redemptions take place through market transactions or authorised participants. 

Read More: Upcoming NFO: Edelweiss Mutual Fund Filed Draft for Nifty Next 50 ETF with SEBI! 

Conclusion 

The Mirae Asset BSE 500 Dividend Leaders 50 ETF follows a passive structure tied to a defined index of dividend-oriented Indian companies. The offering provides exposure to a filtered set of firms drawn from a broad market universe through an exchange-traded format. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Mutual Funds investments are subject to market risks, read all the related documents carefully before investing.